Post-Consumer Recycled Plastics Market Analysis

The market is segmented by application into packaging, building & construction, automotive, furniture, and others, out of which, the building & construction segment is anticipated to hold a substantial share in the global post-consumer recycled plastics industry over the forecast period on account of increasing use of plastics in the construction sector, as bricks, roof tiles, insulation, plastic lumber, and others. On the basis of source, the commercial segment is estimated to gain the largest share over the forecast period, owing to the presence of a proper waste management system in most commercial places, such as, malls, hotels, and others.

Our in-depth analysis of the global market includes the following segments:

By Source

Residential
Commercial
Others

By Application

Packaging
Building & Construction
Automotive
Furniture
Others

By Service

Collection
Transportation
Recycling
Others

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of post-consumer recycled plastics is estimated at USD 11.48 billion.

Post-Consumer Recycled Plastics Market size was valued at USD 10.58 billion in 2023 and is likely to reach USD 39.2 billion by 2036, expanding at around 10.6% CAGR during the forecast period i.e., between 2024-2036. The growing awareness amongst the masses and initiatives by the government, to reduce plastic waste, will boost the market growth.

Asia Pacific industry is likely to account for largest revenue share by 2036, attributed to increasing public awareness regarding plastic waste reduction, along with rising construction activities, where recycled plastics are utilized.

The major players in the market are DS Smith plc, Remondis SE & Co. KG, Republic Services, Inc, Clean Harbors, Inc., Stericycle, Inc., Waste Management, Inc., Veolia Environnement S.A., Waste Connections, and Others.

Post-Consumer Recycled Plastics Market Analysis